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Tag: q1
US: Gap sales grew 7% during Q1
2013-05-10 15:23:00| Daily apparel & textile news and comment - from just-style.com
Gap Inc has said that net sales increased 7% over the first quarter, with growth driven by Gap and Old Navy.
Smart mobile device shipments top 300 mln in Q1
2013-05-10 08:16:00| Telecompaper Headlines
(Telecompaper) Total smart mobile device (notebook, tablet and smart phone) shipments for this year's first quarter exceeded 308.7 million units, according to a report from Canalys. This represents year-on-year growth of 37.4 percent. The report also shows that, in terms of OS vendors, the Open Handset Alliance continues to dominate, with Android the OS of choice on 59.5 percent of all smart mobile devices shipped.
TURKEY: Tough conditions for beer counter soft drinks rises in Anadolu Efes Q1
2013-05-09 14:26:00| Daily beverage news and comment - from just-drinks.com
The consolidation of Coca-Cola Icecek's numbers into Anadolu Efes' Q1 performance has seen the Turkish drinks company post soaring sales and profits in the first three months of 2013.
Tags: conditions
counter
soft
turkey
Analysis - Monster Beverage can side-step Q1 slowdown
2013-05-09 14:16:00| Daily beverage news and comment - from just-drinks.com
Monster Beverage Corp remains on course for growth despite "disappointing" first-quarter results, an analyst has said.
Tags: analysis
monster
beverage
q1
Telecom Italia net profit down sharply, sales fall 8% in Q1
2013-05-09 09:34:00| Telecompaper Headlines
(Telecompaper) Telecom Italia reported first-quarter revenues down 8.1 percent year-on-year to EUR 6.796 billion. Domestic revenues fell 10.1 percent to EUR 4.024 billion, and revenues from Brazil and Argentina were dampened by negative currency effects. EBITDA declined 10.1 percent to EUR 2.672 billion, and the margin dropped to 39.3 percent from 40.2 a year ago, hurt by a larger share of business from South America, where margins are lower, and higher smartphone sales. Net profit dropped to EUR 364 million from EUR 605 million in the year-earlier period. Capex fell slightly to EUR 878 million, and operating cash flow plunged to EUR 137 million from EUR 626 million a year ago, hurt by accumulated payments for the previous quarter. This led to an increase in adjusted net debt to EUR 28.77 billion from EUR 28.27 billion at the end of December. The operator still targets debt of less than EUR 27 billion by year-end, as well as flat revenues and a low-single digit percentage drop in EBITDA this year. In addition, the company approved the partial spin-off of its carrier services division Telecom Italia Sparkle, expected to be completed by the third quarter.
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